The reason why the loan repays more in the first month is that the bank loan date and the bank fixed repayment date do not necessarily coincide. So the total time of the first month may exceed 30 days. If it may be 45 days, then the interest will be 45 days, not 30 days.
For example, the loan will be released within 65,438+00 days, but the repayment date is 25th. There is no need to repay on the 25th of the first month, but each repayment starts on the 25th of the next month. Then the first period is actually 45 days. Monthly repayment is naturally more than other months.
Second, why are there many mortgage repayments in the first month?
When applying for a mortgage, if you choose the average capital repayment method, the repayment amount in the first month is the most. The repayment method in average capital is characterized by the repayment of the same amount of principal every month, and the interest gradually decreases with the passage of months, which is also the reason why the repayment amount of the first month mortgage is the largest. If it is equal principal and interest repayment, then the monthly repayment amount is the same.
Third, pay more in the first month.
In the first two years, the interest was basically paid, and the principal was not paid at all. If you pay in advance, it will be better in five years.
Four. What are the latest regulations for prepayment of CCB in 2022?
1. The prepayment interest of CCB mortgage is calculated according to the monthly interest rate of the remaining principal;
2. If partial prepayment is adopted, there are provisions on the repayment principal, and the repayment amount must be 6 times higher than the monthly repayment amount, and the maximum repayment amount shall not exceed 35% of the monthly repayment amount;
3. If all the loans are repaid in advance, you will also bear the penalty. If the loan is changed less than one year in advance, a penalty of 3% of the repayment amount will be charged. If the loan is repaid one to two years in advance, a penalty of 2% of the repayment amount will be charged. If the loan is repaid two to three years in advance, a penalty of 1% of the repayment amount will be charged.